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WorksheetsBanking and Credit Vocab
Total questions: 13
Worksheet time: 7mins
Money that you put into your account is called a ___________.
withdrawal
deposit
balance
endorse
Money that you take from your account is called a ________________.
endorse
balance
withdrawal
deposit
The amount of money in your bank account is your __________.
balance
deposit
withdrawal
endorse
A record of your checking account transactions is called a ___________________.
checking account
electronic funds transfer
credit union
check register
Signing your name on the back of a check in order to receive the amount of money written on the front of the check.
withdrawal
endorse
deposit
reconcile
The transfer of money from one bank account to another by electronic means is called an _________________.
electronic funds transfer
credit union
automatic teller machine
check register
This allows you to manage your money from a computer with internet access.
electronic funds transfer
checking account
debit card
online banking
A _____________ is a bank for people that are part of the same organization and is controlled by its members.
commercial bank
brokerage firm
credit union
real estate agency
A _______________ is a type of bank account designed to hold funds for a short period of time.
checking account
savings account
deposit account
retirement account
A _________ is a written document that authorizes (approves) the transfer of money from a bank account to a person or business.
statement
check
direct deposit
withdrawal slip
When you __________ items, that means you make them agree.
sign
endorse
deposit
reconcile
A _____________ is a card that you can use to withdraw money directly from your checking account.
gift card
credit card
debit card
prepaid card
This can be found in a number of places (gas stations, banks, stores, etc.) It allows you to withdraw or deposit money.
automatic teller machine
electronic funds transfer
deposit slip
withdrawal slip
